Sharenet Sites 
Sharenet Sites
Distribution Finalisation Announcement - Quarter Ended 30 September 2015 - STX40
Satrix Managers (RF) (Pty) Ltd
SATRIX 40 PORTFOLIO
JSE code: STX40
ISIN code: ZAE000027108
("Satrix 40")
A portfolio in the Satrix Collective Investment Scheme, registered as such
in terms of the Collective Investment Schemes Control Act, 45 of 2002
DISTRIBUTION FINALISATION ANNOUNCEMENT – QUARTER ENDED 30 SEPTEMBER 2015
The manager and trustees of the Satrix Collective Investment Scheme (being
Satrix Managers (RF) (Pty) Limited and Standard Chartered Bank),
respectively, have declared a distribution to holders of Satrix 40
securities recorded in the register on Friday, 25 September 2015 in respect
of the quarter ended 30 September 2015 as follows:
An aggregate amount of 45.21 cents (R0.45210) per Satrix 40 security
constituted as follows:
Net Local dividend per security (1) 13.02081
Dividend withholding tax on local dividend (15%) 2.29779
Net Foreign dividend per security (2) 23.82681
Dividend withholding tax on foreign dividend (15%) 4.20473
REIT Income (3) 0.88833
Interest (positive cash balances)(a) 0.02627
Other (scrip lending income) 0.94526
TOTAL DISTRIBUTION 45.21000
1 NET LOCAL DIVIDEND
Gross dividend (cents per security) 15.31860
Dividend withholding tax (15% on taxable dividend - 2.29779
Net dividend per security 13.02081
2 NET FOREIGN DIVIDEND (Foreign-dual listed shares)
Gross dividend (cents per security) 28.03154
Dividend withholding tax (15% on taxable dividend) - 4.20473
Net dividend per security 23.82681
3 REIT INCOME
Gross REIT Income 0.88833
Dividend withholding tax (15% - applicable to foreign
holders) - 0.13325
Net REIT income 0.75508
No dividend tax is applicable for SA resident securities holders on the
REIT income. Dividend tax of 15 % is applicable for non-resident
shareholders on the REIT income.
The dividend tax deducted will be paid as follows:
1. To the South African Revenue Service in respect of holders that are
not exempt from dividends tax;
2. Holders that are exempt from dividends tax or holders qualifying for
a reduced rate per Double Tax Agreement (“DTA”) will receive the
appropriate dividend from their intermediary provided they have
completed and lodged the relevant exemption or reduced rate
prescribed application form timeously with their service provider.
The responsibility to make such submissions is that of the security
holder and failure to do so may result in dividends tax being
deducted in full.
The payment will be made by the relevant intermediary, being the Central
Securities Depository Participant (“CSDP”) or Broker nominee company which
is the final regulated intermediary in terms of the Income Tax Act.
Payment will be effected on 22 October 2015 to all holders of Satrix 40
securities recorded in the register on Friday, 25 September 2015.
15 October 2015
Sponsor:
Vunani Corporate Finance
Date: 15/10/2015 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
